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Nov 30, 2012
11/12
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FBC
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that was house speaker john boehner today putting to rest the idea that a fiscal cliff deal is on its way. some angry lawmakers are now saying the last three weeks have been a complete waste and that president obama's new detailed proposal is a total non-starter. hedge fund manager jonathan hoenig agrees. he joins us to tell us why he thinks the president's plan rests entirely punishing the minority, that is the rich. thanks for having you back on the show. >> hello, melissa. melissa: this is depressing topic you will make it light and happy for us somehow. >> there is nothing happy about wealth destruction that is exactly what president is doing. you raised a very important point. why is it the president's plan to fix the economic calamity specifically reinvolves hurting minority, as you point out the so-called rich? redistribution is once again the center of his proposal. it is not only immoral but impractical as well. we're talking about 1.6 dro trillion coming out of the economy, coming out of invests, not being put into new jobs and new businesses being sent to washington instead
that was house speaker john boehner today putting to rest the idea that a fiscal cliff deal is on its way. some angry lawmakers are now saying the last three weeks have been a complete waste and that president obama's new detailed proposal is a total non-starter. hedge fund manager jonathan hoenig agrees. he joins us to tell us why he thinks the president's plan rests entirely punishing the minority, that is the rich. thanks for having you back on the show. >> hello, melissa. melissa:...
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Dec 4, 2012
12/12
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FOXNEWSW
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where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the magazine. what do you think? quid pro quo? >> dana: yeah, i do. she is an accomplished woman. if you have a movie made that says you're the devil you'v youe something. >> greg: they made one for you. >> dana: i'll reserve comment whether she deserves it and would be a good ambassador. we talked about this eight months ago with a big event here. someone slipped it out she would love to be the u.k. ambassador. i think it could happen. >> andrea: do you think it's real or her floating her own name for job? >> greg: i would like to send her away. england sent us victoria beckham. s
where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the...
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Dec 1, 2012
12/12
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is a failure, he gave into obama. they want to hear him talk the talk. while he still has the rejectionists in hand in the lame duck caucus and while he has that donor class that wants to hear this conservative rhetoric, he's still got to play the game. behind the scenes i think republicans understand they're going to lose that top rate fight. they're going to lose that, and i wouldn't be surprised if they wound up putting the debt ceiling into the deal at the end, but up until the moment they make the deal, he's got to talk the talk. >> if i was only interested in right wing money and money at the top, i would say that's all true and, therefore, the faster they make a deal the better because if they're going to raise the rate anyway, get it over with. >> it would be better for the republicans if they make a deal now. >> boehner can make a better deal now. the question is whether anyone in the party will let him do that. >> thank you. we agree on almost everything except it is a cliff. coming up, seriously, haven't th
is a failure, he gave into obama. they want to hear him talk the talk. while he still has the rejectionists in hand in the lame duck caucus and while he has that donor class that wants to hear this conservative rhetoric, he's still got to play the game. behind the scenes i think republicans understand they're going to lose that top rate fight. they're going to lose that, and i wouldn't be surprised if they wound up putting the debt ceiling into the deal at the end, but up until the moment they...
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Dec 1, 2012
12/12
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CSPAN
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first, president obama speaks in pennsylvania, followed by john boehner responded to the president from capitol hill. then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set
first, president obama speaks in pennsylvania, followed by john boehner responded to the president from capitol hill. then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have...
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for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in wolf blitzer on this topic. there are a couple of polls that are very telling about how americans feel about congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaign
for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in...
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Nov 29, 2012
11/12
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FOXNEWSW
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a senior administration official told us that president obama and john boehner had a phone wallace night and politico was reporting that the phone call was curt. they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make more money. democrats w
a senior administration official told us that president obama and john boehner had a phone wallace night and politico was reporting that the phone call was curt. they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further...
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Dec 2, 2012
12/12
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CNNW
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how one lingering race might affect speaker boehner's future negotiations with the white house. walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! i like you todd. i don't like todd because he's quitting. but now i'm hiring a new todd and it could be you. [ male announcer ] go to workforwill.com and try live tiles, that deliver what you want in real time. only from at&t. rethink possible. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is
how one lingering race might affect speaker boehner's future negotiations with the white house. walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me...
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Dec 7, 2012
12/12
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MSNBCW
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i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday, which is, are we too focused on the debt. are we not focused enough on what the government can be doing to try to spur job growth? beyond just -- >> there was a stimulus piece in the offer from the white house that was laughed at by the -- >> laughed at but could end up surviving. one of the things about the president's initial offer is it may have sent a bad signal to conservatives but it did have the ef
i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new...
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Dec 3, 2012
12/12
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to be led by president barack obama. top of their dismay they feel they are being bullied instead. leadership as i've always known to it be is about casting vision, calling people to rise up, to be better than they are and better than they think they can be. they asked for leadership. the president casts it. now they are like a dog on a leash that doesn't want to go outside. >> i find it ironic the republicans are complaining. remember their negotiating posture for the last four years has been here's how you negotiate. do what we say. that's been it. that's what the republicans have offered was nothing. now we've seen turn about is fairplay. look, the democrats can afford to let december 31st pass. they really can. because a recession wouldn't happen the next day. what would happen at least acdorgd the polls the public would blame republicans for not compromising and republicans will be in this box where the only reason they didn't say yes because the millionaire tax cut wasn't include. the republicans left themselves in
to be led by president barack obama. top of their dismay they feel they are being bullied instead. leadership as i've always known to it be is about casting vision, calling people to rise up, to be better than they are and better than they think they can be. they asked for leadership. the president casts it. now they are like a dog on a leash that doesn't want to go outside. >> i find it ironic the republicans are complaining. remember their negotiating posture for the last four years has...
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Nov 30, 2012
11/12
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CURRENT
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from president obama that includes $1.6 trillion in tax increase over ten years. more stimulus spending to boost the economy including home mortgage refinancing and the permanent end to congressional control over the debt ceiling. in return, president obama is offering republicans $400 billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with secretary geithner, speaker boehner said he didn't see any sign of compromise from the white house. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> eliot: no sooner had boehner finished then senate majority leader harry reid took the podium
from president obama that includes $1.6 trillion in tax increase over ten years. more stimulus spending to boost the economy including home mortgage refinancing and the permanent end to congressional control over the debt ceiling. in return, president obama is offering republicans $400 billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and...
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Nov 29, 2012
11/12
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secretary geithner on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an historic u.n. vote on the palestinian's bid for statehood. israel's vice prime minister joins me live. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the qu
secretary geithner on capitol hill today. >>> plus, a live report from the white house on president obama and mitt romney's lunch meeting in the private residence. >>> we are following developing news. former president george h.w. bush has been hospitalized. we'll update you on his condition. >>> plus, we are just now an hour away from an historic u.n. vote on the palestinian's bid for statehood. israel's vice prime minister joins me live. now we need a little bit...
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Nov 29, 2012
11/12
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however, keeping them honest, house speaker john boehner and other top republicans have been trying to justify it, in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think that they have a mandate to do what they will. >> i don't think so, because they also reelected the house republicans. so whether people intend it or not, we have got divided government. >> the american people have also made clear that there is no mandate for raising tax rates. >> keeping them honest, president obama campaigned and won on letting taxes go up for the top earners. so his victory throws a little cold water on that claim. democrats gained seats in the senate and the house, and recent cnn polling shows that more than two in three people support tax hikes for the wealthy. it is a reality that republicans will be dealing with from now until new year's day. joining us now, congressman tom cole from oklahoma. he is a republican, thank you for joining us. >> well, thank you. >> you'r
however, keeping them honest, house speaker john boehner and other top republicans have been trying to justify it, in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think that they have a mandate to do what they will. >> i don't think so, because they also reelected the house republicans. so whether people intend it or not, we have got divided government....
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Dec 1, 2012
12/12
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KQED
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obama wins. clearly he ran on raising tax or raising revenue from the top 2%. center piece. republicans are not stupid. they sort of understand that. so they went through a process the day after boehner said revenues but not rates, and some began to drift over, okay, rates, so you have had movement, until friday or yesterday, thursday, when tim geithner goes up there and delivers an ultimatum which is a chest thumping stick in the eye to the republicans. and all the migration suddenly stops and suddenly they get outraged apt are. and so they are back, they are going back to where grover norquist wants them to be because they are outraged because they feel they have been insulted is, that this is not a negotiation t a war. i think what had yesterday from the administration was a bit of negotiation incompetence because they pushed us, the psychological process the republicans were going through, which they have to go through has to be has been pushed way back. >> where do you think we are. >> i'm not quite clear as dire in my assessment as david. first of all, david is absolut
obama wins. clearly he ran on raising tax or raising revenue from the top 2%. center piece. republicans are not stupid. they sort of understand that. so they went through a process the day after boehner said revenues but not rates, and some began to drift over, okay, rates, so you have had movement, until friday or yesterday, thursday, when tim geithner goes up there and delivers an ultimatum which is a chest thumping stick in the eye to the republicans. and all the migration suddenly stops and...
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Dec 6, 2012
12/12
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CNNW
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but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all those americans, too, get a tax cut on the first $250,000 of their
but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter....
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Dec 4, 2012
12/12
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CURRENT
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obama has the advantage of letting--going over the cliff and letting it all expire so he starts to get the revenue that he wants. what does boehner have to negotiate? j. >> cenk: this is dr. strangelove territory. this is peter sellers pushing the button. you do this, and you destroy yourself. it's an insane negotiating ploy. it's hard to think that he could push that button. he used it last year and there was a consensus that politically that republicans lost face and lost public support and they were playing with fire. am i misreading this? >> no, because i think part of it, again, we're talking about the markets. it strikes fear in the markets. they say, president obama you better do something because the stock markets and the bond markets are reacting negatively to all these issues about the debt ceiling. but we saw what happened after august of 2011 we got downgraded. our debt was downgraded but the interest rates that we pay on our debt has fallen. the stock market has continued to rise. i think if we had that drama again, the treasury department has options. there is a constitut
obama has the advantage of letting--going over the cliff and letting it all expire so he starts to get the revenue that he wants. what does boehner have to negotiate? j. >> cenk: this is dr. strangelove territory. this is peter sellers pushing the button. you do this, and you destroy yourself. it's an insane negotiating ploy. it's hard to think that he could push that button. he used it last year and there was a consensus that politically that republicans lost face and lost public support...
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Nov 29, 2012
11/12
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obama sends chief negotiator treasury secretary tim gheiter for individual meetings with each member of the conditioningal leadership which includes speaker john boehner, perhaps the most important player here. the meetings mark the beginning of the real negotiations. that doesn't mean the posturing stage is behind us. one capitol hill veteran, former fdic, sheila bair, a long-time staffer by the way who butted heads with geithner in the past, made this interesting observation to david gregory about tim geithner saying he's not the right guy for the white house to be sending in for these talks. >> do you think tim geithner, secretary geithner is the right person to lead the negotiations for the administration sf. >> i don't know. i don't think this is tim's strong suit. i think tim was given the job of treasury secretary because he understood the banking system. he's not a budget guy. he's not a tax guy. he's never really worked in this sphere. >> geithner is leading these talks for two reasons. he and the president are very close. they simply click. secondly, boehner likes him. that
obama sends chief negotiator treasury secretary tim gheiter for individual meetings with each member of the conditioningal leadership which includes speaker john boehner, perhaps the most important player here. the meetings mark the beginning of the real negotiations. that doesn't mean the posturing stage is behind us. one capitol hill veteran, former fdic, sheila bair, a long-time staffer by the way who butted heads with geithner in the past, made this interesting observation to david gregory...
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Nov 30, 2012
11/12
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FOXNEWSW
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president obama has no interest in reducing the size of the federal government. now democrats before him he's dangling the prospect of future budget cuts in the hopes republicans will take the bait. with that in mind, it's important to remember the words of president ronald reagan, he wrote them in his own autobiography, and described in great deal a deal he struck with the democrats in 1980s, promising $3 in spending cuts for every dollar in a tax increase. reagan wrote, the democrats reneged on their pledge and we never got those cuts. perhaps that's why some on the right are calling foul on these negotiations. >> the only secret talks have revealed, a government that skips from one crisis to the next. all of this secrecy allows the president to petition himself frankly and being in favor of a balanced plan. that's what he said, i favor a balanced plan. basically it increases taxes to fuel more spending. that's what the plan is. the white house plans to raise taxes to expand government. that's not acceptable. >> sean: republicans, i hope you're listening. joini
president obama has no interest in reducing the size of the federal government. now democrats before him he's dangling the prospect of future budget cuts in the hopes republicans will take the bait. with that in mind, it's important to remember the words of president ronald reagan, he wrote them in his own autobiography, and described in great deal a deal he struck with the democrats in 1980s, promising $3 in spending cuts for every dollar in a tax increase. reagan wrote, the democrats reneged...
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Nov 29, 2012
11/12
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i'm wondering if john boehner and barack obama got together, had their short conversation and say hey, why don't we characterize this as a curt, short, curt conversation. that will help you with your people. that will help -- didn't you love that? you know, we hear they talked, and they had a curt conversation. >> reporter: yeah. there is truth to that. >> exactly what both sides wanted to hear. >> reporter: no, there is truth to that. look, the white house is well aware that they can't -- you know, the one reason why there's not meetings here? that's bad for boehner. boehner can't be seen here on, quote, enemy territory cutting the deal. right? it has -- i mean, look. the semantics matter. you hate to admit that it does, but it does. and the settings matter. that's why you're not seeing a lot of meetings here. >> it does and there are a lot of republicans -- remember newt gingrich going over to the white house through the budget negotiations in the 1990s, and newt gingrich's own words getting his pockets picked by bill clinton. outnegotiated time and time again. so these things do ma
i'm wondering if john boehner and barack obama got together, had their short conversation and say hey, why don't we characterize this as a curt, short, curt conversation. that will help you with your people. that will help -- didn't you love that? you know, we hear they talked, and they had a curt conversation. >> reporter: yeah. there is truth to that. >> exactly what both sides wanted to hear. >> reporter: no, there is truth to that. look, the white house is well aware that...
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Dec 4, 2012
12/12
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CNNW
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what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker boehner. he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class
what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find...
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Nov 29, 2012
11/12
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i'm glad president obama's meeting with simon. i'd love for him to meet with john john boehner. [laughter] megyn: simon's got a lot of good ideas. were you in that meeting with the unions and the progressive groups that the president had -- >> no. i was in a different meeting. they can't meet with all at the same time. megyn: were you in the meeting that the progressive groups emerged from feeling, quote, very happy where they felt that the white house with us not going -- was not going to offer any spending cuts? they felt those programs were all going to be protected? >> no, no, i don't think that's what was said after that meeting. i think what the democrats want is balance. i think they're willing to give. i mean, in the president's budget now is $300 billion of additional cuts in medicare, and this is why what marc's saying is just not true. the democrats have shown a willingness to give on all four of the places we think we need to give. it's been the republicans who have been intransigent on tax increases and defense cuts. if we can come to a deal like we did in 2011, we
i'm glad president obama's meeting with simon. i'd love for him to meet with john john boehner. [laughter] megyn: simon's got a lot of good ideas. were you in that meeting with the unions and the progressive groups that the president had -- >> no. i was in a different meeting. they can't meet with all at the same time. megyn: were you in the meeting that the progressive groups emerged from feeling, quote, very happy where they felt that the white house with us not going -- was not going...
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. >> there is movement on these talks and president obama and john boehner spoke on the phone days after republicans offered a hundred billion dollars of tax revenue. republicans say they're waiting on a counteroffer from the white house. back to you. dennis: should republicans hold out and let us go over the fiscal click? john brown of euro pacific capital is with us and former adviser to british prime minister margaret thatcher and he joins us with his take. thanks for being with us. do you think we are going over the cliff? >> cliff of sorts. the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of big government. cost in money and regulations and intr
. >> there is movement on these talks and president obama and john boehner spoke on the phone days after republicans offered a hundred billion dollars of tax revenue. republicans say they're waiting on a counteroffer from the white house. back to you. dennis: should republicans hold out and let us go over the fiscal click? john brown of euro pacific capital is with us and former adviser to british prime minister margaret thatcher and he joins us with his take. thanks for being with us. do...
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obama under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political process to produce more change than if left alone. >>gregg: you can see more of the remarks on "fox news sunday" at the top of the hour. >> extreme weather on the west coast flood advisories in effect for storm ravaged parts of northern california as another storm bringing heavy rain and police and fire officials wanting the napa and russian rivers expected to break their banks. and now, streaming live from northern california. >>reporter: yes, the banks are about to break any moment now, 12 hours ago there was torrential rain it looked to b
obama under the white house proposal. the president would have the power to raise the debt limit on his own, whenever he wants, as needed. speaker boehner saying congress isn't budging on that issue and here is what he had to say on fox news sunday. >> congress will never give up the power and i made it clear to the president that when we get to the debt limit we need to cut some reforms that are greater than the increase in the debt limit. it is the only way to leverage the political...
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where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> he's absolutely right about that. but we heard earlier this evening the president and speaker boehner did speak late today on the phone. that's good news. but in this case, we think we need facetime. they need to sit down face to face, pound it out, face to face breeds trust. even the democrats think the president needs to do a little more in-person work on this. >> the president is not somebody who -- he's prioritizing spending evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks. >> sometimes, though, you need to do the bourbon. like when the country needs you. bourbon, beer, wine, whatever, after a couple drinks the president and boehner could, you know, pull a simpson. >> the lasso again and then the horseback. horse, horse, the cowboys ride, the cowboys ride. >> i mean, what is it? that's the special beer you would drink to get you to dance the gangnam style. if you did the gangnam style, you
where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> he's absolutely right about that. but we heard earlier this evening the president and speaker boehner did speak late today on the phone. that's good news. but in this case, we think we need facetime. they need to sit down face to face, pound it out, face to face breeds trust. even the democrats think the president needs to do a little more in-person work on this. >> the...
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or are they going to stick this on president obama. here is president obama about the lack of progress in d.c. >> it was not a serious proposal. right now we are almost nowhere. let's not kid ourselves. i'm not trying to make this more difficult. people who have watched me over the last three weeks i have been very guarded in what i have to say. i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> boehner also said that he felt because of the fact that it was timothy geithner who presented this, it wasn't serious. he said, you know, where is the president on this? >> the proposal to some is a joke. doubles down on what the offers were before. worse offer than what they offered republicans before by far. here is what the president is offering right now. not just the 800 billion in tax increases that had been mentioned but now let roughly double that to 1.6 trillion in tax increases. not to mention auto billion in new stimulus spending the cuts say are not even real and ma
or are they going to stick this on president obama. here is president obama about the lack of progress in d.c. >> it was not a serious proposal. right now we are almost nowhere. let's not kid ourselves. i'm not trying to make this more difficult. people who have watched me over the last three weeks i have been very guarded in what i have to say. i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> boehner also said...
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speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that propos
speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider...
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he put a lot on the table in the summer of 2011 when it was john boehner again and obama, they almost got a grand bargain e. talked about raising the medicare eligibility age to 67 over a certain amount of time. making changes to cost of living. statements to soegt social security. right now there is nothing on the table. that was obama's opening bid. the republicans were miffed at him, they knew he wouldn't give them exactly what they'd accept. a few said they were inch superintendented like that. again you don't want to negotiate with yourself, you want to start over here and get in the middle to set up some type of deal. don't expect any deal until christmas at the earliest. >> reporter: let's go back to the tax cuts you're talking about. president obama wants to raise revenue by taxing those making $250,000 or more a year. it rises from 33% and 35% today to 36% and 39.6%, i believe. but that would only generate about 85 billion a year. according to the treasury department, the federal government spends that amount every eight 1/2 days. do you think that the point is purely politic
he put a lot on the table in the summer of 2011 when it was john boehner again and obama, they almost got a grand bargain e. talked about raising the medicare eligibility age to 67 over a certain amount of time. making changes to cost of living. statements to soegt social security. right now there is nothing on the table. that was obama's opening bid. the republicans were miffed at him, they knew he wouldn't give them exactly what they'd accept. a few said they were inch superintendented like...
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that's after he delivered a proposal from president obama but john boehner doesn't like it. >> i was just flabbergasted. i looked at him and i said, you can't be serious. >> if they are gonna force higher rates on virtually all americans because they are unwilling to let tax rates go up on 2% of americans, that's the choice they will -- they will have to make. >> if congress dodge act by the end of the year, tax cuts go up for everyone and across-the- board tax cuts go up. >>> the state is going to pay public schools and community colleges the $1.9 billion it owes them. it's money that should have been paid out over the summer buts -- but was deferred. and in march, schools will get another payment of nearly $1 billion the state was going to defer until april. >>> 8:17. students in five states will be in school longer. selected schools in colorado, connecticut, massachusetts, new york and tennessee are da to announce today that they are -- are due to announce today they are adding 300 hours of class time. >>> the boy scout denied his eagle scout award because he's gay will be honored
that's after he delivered a proposal from president obama but john boehner doesn't like it. >> i was just flabbergasted. i looked at him and i said, you can't be serious. >> if they are gonna force higher rates on virtually all americans because they are unwilling to let tax rates go up on 2% of americans, that's the choice they will -- they will have to make. >> if congress dodge act by the end of the year, tax cuts go up for everyone and across-the- board tax cuts go up....
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jon: john boehner, the speaker of the house, blasting president obama's proposals to solve the fiscal cliff crisis, saying that the president wants to impose $1.6 trillion in new taxes and only about $400 billion in cuts. as you heard, the speaker says that the republicans are open to new revenues. they would like to achieve it by closing tax loopholes. that does not seem to be the way the direction is headed, and not a very optimistic assessment there from the speaker of the house, but we will continue to see which direction this all goes throughout the day and on through the month of december, i'm sure. let's get back into our discussion about what this msnbc anchor said with our news watch panel. judy miller is here. judy, to call somebody like senator mccain, who has a lengthy record of public service and his wartime service before that, to refer to him as, what, an old white guy who's losing his grip on power -- >> right. jon: that sounds racist in and of itself to me. >> it certainly sounded bigoted. and if anybody had said an old black guy, can you imagine what the outcry would
jon: john boehner, the speaker of the house, blasting president obama's proposals to solve the fiscal cliff crisis, saying that the president wants to impose $1.6 trillion in new taxes and only about $400 billion in cuts. as you heard, the speaker says that the republicans are open to new revenues. they would like to achieve it by closing tax loopholes. that does not seem to be the way the direction is headed, and not a very optimistic assessment there from the speaker of the house, but we will...
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president obama released his plan. it includes 1.6 trillion dollars in new tax increases. 50 billion in new stimulus spending. and stimulus, and new power to raise the debt ceiling without congressional approval. tim geithner, john boehner appearing with chris wallace on fox news sunday. >> we're nowhere, period. we're nowhere. we put a serious offer on the table by putting revenues up there to get this question resolved but the white house has responded with virtually nothing. they have actually asked for more revenue than they have been asking the whole entire time. >> in kind of a tough position now. it is going to be, obviously a little hard for them now. they're trying to figure out where they go next. we might need to give them a little more time to let them go next. we did what you expect from us. we laid out a very detailed, carefully designed set of spending savings and tax changes that help put us back on a path to fiscal responsibility. bill: where are we now? senior white house foreign affairs correspondent
president obama released his plan. it includes 1.6 trillion dollars in new tax increases. 50 billion in new stimulus spending. and stimulus, and new power to raise the debt ceiling without congressional approval. tim geithner, john boehner appearing with chris wallace on fox news sunday. >> we're nowhere, period. we're nowhere. we put a serious offer on the table by putting revenues up there to get this question resolved but the white house has responded with virtually nothing. they have...
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and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower the rates. we now have the president's proposing raising the rates and opposing a base-broadening measure. republicans want to keep the rate same and run the base, but that is different. bowles-simpson had it right. i look at the logic of the white house with regard to the idea of capping a itemized deductions. i would like to take a look at it from a cost-benefit point of view. we're looking at tax expenditures, and we should benefits inst of doing it. they're against it for two reasons, the first one was effected some taxpayers making less than 2 hen $50,000, which is true. this would be a $50,000 cap, said the people we're talking about are people who are using way ab
and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower the rates. we now have the president's proposing raising the rates and opposing a...
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. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are going to need, but as f
. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they...
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martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courthouse for a doctor's appointment.
martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon...
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2009 before obama took office. the 2009 fiscal year which republicans count as part of obama's legacy isn't that handy? brought on by george w. bush. >> flabbergasting. >> stephanie: it is like george w. bush ran over a pack of cub scouts drunk and barack obama shows up. look at what you did here. see what you presided over? >> shows up in the ambulance. >> look what you did! >> stephanie: oh my god. no i'm emt. it began four months before obama moved into the white house. the major spending decision in the 2009 fiscal year were made by george w. bush and the previous congress, just an fyi. >> flabbergasted. president thinks he's won an election or something. flabbergasted. [ laughter ] >> stephanie: it is a funny word. no normal person ever says that. >> say it when you're drunk. flabbergasted. >> stephanie: actually jim did say it. it's raining i'm flabbergasted. flabbergasted by everything. all right. yeah lindsey graham, drama queen that he is -- >> i would rather talk about him than lindsay lohan. >> stephanie
2009 before obama took office. the 2009 fiscal year which republicans count as part of obama's legacy isn't that handy? brought on by george w. bush. >> flabbergasting. >> stephanie: it is like george w. bush ran over a pack of cub scouts drunk and barack obama shows up. look at what you did here. see what you presided over? >> shows up in the ambulance. >> look what you did! >> stephanie: oh my god. no i'm emt. it began four months before obama moved into the...
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obama is asking for 1.6 trillion. you can see somewhere in the middle as a possible negotiating or compromise point. >> we should remind everybody the president has been talking about entitlement reform for four years. "the washington post" reminded them this might ab good time to lead because you're the president. martha: it feels like there is a real opportunity here for some history-making leadership and we'll see if we get it. thank you so much. mary catherine, juan. >> go dogs. bill: here is jon sko*t. "happening nowscott, "happening now" now rolls your way. jon: we are awaiting comments from president obama on the so-called fiscal cliff, the president unveiling his bid in negotiations over the deal. republicans not impressed. in fact they are darn bad. we'll get into that. plus, planning on being a couch potato this weekend? you might want to hear about a new study first, could your couch be making you sick? a new leader from mexico but some of the same old problems, violence on the border, any new answers? comi
obama is asking for 1.6 trillion. you can see somewhere in the middle as a possible negotiating or compromise point. >> we should remind everybody the president has been talking about entitlement reform for four years. "the washington post" reminded them this might ab good time to lead because you're the president. martha: it feels like there is a real opportunity here for some history-making leadership and we'll see if we get it. thank you so much. mary catherine, juan....